India will continue to remain the world’s fastest-growing large economy in 2019 as well as in 2020, much ahead of China, a UN report said. According to the UN’s World Economic Situation and Prospects (WESP) 2019, India’s GDP growth is expected to accelerate to 7.6% in 2019-20 from an estimated 7.4% in the current fiscal ending March 2019. The growth rate may come down to 7.4% a year later. In the case of China, the growth is estimated to decelerate to 6.3% in 2019 from 6.6% in 2018. It may further go down to 6.2% in 2020.
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Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/world-economic-situation-and-prospects-2019
[2] http://www.indiaenvironmentportal.org.in/files/file/WESP2019.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/united-nations
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/sustainable-development-goals-sdgs
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gdp
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/unemployment
